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think first of all the president realizes we have to get a big deal. as we discussed a couple of weeks ago or last week, charlie, if you don't send the appropriate signal to international financial communities, you can raise the debt ceiling but the interest costs are going to go through the roof. so it has to be a big deal and so i think he recognizes that. and i think speaker boehner subpoena looking at the reality of what's going to happen in 2013 without agreeing to what the president said. we're going to have 4.9% increases on taxes on everybody earning er $200,000 a year anyway just from the affordabl care act. so you'll see significant increase in taxes withoutany increased taxes put on the table. i think they can do a deal and i think a deal can get done if, in fact, we do take away a lot of the tax eendires and lower the rates so thatwe get an economic boom that would come a that. so i think it's still possible. i think things tend to happen in washington when they have to so my slope that something will come togher and occur. >> rose: how long do you think it will take? >> i
of winning back the house, they don't want to go there. republicans have a big flank of new members elected on a pledge of no new taxes. nobody is dealing with reality. anybody on this panel, two of us could make a deal, but they cannot. >> why can they not make a deal, charles? >> you saw it in the clipou showed. nancy pelosi is the classic definition of a reaction. liberal. no changes in programs, entitlements. -- classic definition of a reactionary at liberal. no genocide programs, entitlements. if you all make -- note changes in programs, entitlements. if you don't make changes, he will wreck the economy, and everybody over the age of nine knows that. is that they are not willing to means test -- if they are not willing to means test entitlements, which you think and liberal alike, who always argue in terms of sharing the sacrifice and the rich bearing the burden, nothing will happen. >> colby? >> you just had exhibit number one of why they have not been able to reach a deal, as my friend charles expressed. if you start out with nancy pelosi and the position of republicans on tax increa
scale, he tried, he went for something big and failed. >> boehner is clearly on board for something. but i think right now the oer four lders are trying to figure out is this politically where we want to go and can we assemble the votes for something of this magnitude. >> we conclude by turning to the n.b.a. and n.f.l. labor disputes with sally jenkins of the "washington post" and kevin blackistone of the university of maryland and espn. >> maybe it's time for fans to reassess why they're spending like crack addicts on the four major sports when there are lots of other affordable, available things to watch for a lot less money that appreciate the fans perhaps a little bit better and who value the fan more properly. >> with the n.f.l., it's very much reflective to me of what we're going through in america right now where in 201 you've had record profits in corporate america yet corporate america points to the economy, says it niece bad shape and pois to unions and workers and asks for concessions. that's the exact same thing going on in the n.f.l. when you talk about $9 billion in re
have overinterpreted the mandate from 2010. so we will have a big debate in 2012. there's no question about that. and an important debate. but i'm not sure that the voters will resolve it finally so that whoever is in power in 2013 can be able to go in the direction that they say they wt to. >> if you don't get the debt problem resolved, he knows it's going to nip at his heels at ever turn, no longer how long he's president of the united states. that's the underlying problem. even if you get to that point, there's a disagreement, i think, ideologically about what the government's role ought to be in that kind of economic policy. >>e continue this evening the documentary filmmaker and photographer with interesting ideas, not only about filmmaking, but also interviewing. >> i don't think that i discover that isn't there already. i would, again, describe it differently. i would say it's a desire, not to impose some idea of what a person is like on the movie that i'm making, but a process of discovery, of trying to uncover, in some way, something new, something interesting, something vita
opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm ready to move, even if it requires some tough decisions on my part. >> suarez: the president had previously insisted on extending the debt ceiling through 2012 past next year's election. but after thursday's talks, he settled for asking congressional leaders to review three options with their members. the first-- the so-called "grand bargain" that mr. obama favors-- would cut deficits by about $4 trillion dollars, including spending cuts and new tax revenues. a medium-range plan would aim to reduce the deficit by about half that amount. the smallest option would cut betwn $1 trillion and $1.5 trillion dollars without increased tax revenue or any medicare and medicaid cuts
economies, into small businesses, communities, equipment, materials. >> that money could make a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> warner: once again today, debt-laden governments in europe grappled with massive public anger over austerity measures they'd imposed. in greece, the government won a bitter struggle today to rein in debt for bailout help. and in britain, civil servants took the streets. a tense calm returned to athens, greece today, but shards of glass lay strewn on the sidewalks and charred debris was stacked in the streets. they were the remnants of riots that raged into the night as protesters set fires and battled police, who fought back with clouds of tear gas. even so, the greek parliament voted today t
a big jobs generator, the place they call the space coast. but in particular today i spent some time talking with travis thompson who has spent 33 years here at the kennedy space center working on the shuttle program. he is the lead technician on the clogout crew, the guys who button them up, the astronauts, strap them in, shut the door and send them off to space. he and his team, it was a very emotional day for them. as they were finishing up their job they had put together a series of cards with messages talking about their appreciation for the program, their patted rotism and frankly -- patriotism and their sadness, and the final word was god bless america, held by travis thompson himself. this is travis thompson's last day on the job, after 100 shuttle missions, getting the crews strapped in and ready to go to space, tomorrow he has no job. where he is going to go to work. as he said, my job is putting human beings in spacecraft to go to space. i don't see a lot of prospects for doing that somewhere else. so it is a poignant moment for him. >> so finally, miles, look back with us
for the auto industry. we examine the new round of labor talks between the u.a.w. and detroit's big three. >> ifill: ray suarez gets an update on the turmoil in libya. >> brown: and we close with a paul solman story about a convicted murderer and middle school dropout who now makes $80,000 a year after completing college while behind bars. >> these are my dreams. i fit in right here, but this is what i'm looking at, this is where i want to be, this is where i can be, this is where i deserve to be. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> i mean, where would we be without small businesses? >> we need small businesses. >> they're the ones that help drive growth. >> like electricians, mechanics, carpenters. >> they strengthen our communities. >> every year, chevron spends billions with small businesses. that goes right to the heart of local communities, providing jobs, keeping people at work. they depend on us. >> the economy depends on them. >> and we depend on them. and by the alfred p. sloan foundation. supporting scie
was the big question. it was cleveland himself who recommended going on a boat. >> lehrer: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> well, the best companies are driven by new ideas. >> our history depends on new ideas. we spend billions on advanced technologies. >> it's all about investing in the future. >> we can find new energy-- more cleaner, safer and smarter. >> collaborating with the best in the field. >> chevron works with the smartest people at leading universities and tech companies. >> and yet, it's really basic. >> it's paying off everyday. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: senate democrats vowed to stay in session around the clock to resolve the debt crisis. house republicans modified their plan
. >> that money could make a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: high-level democrats and republicans alike said today's meeting at the white house marked the beginning of the end game in reaching a final deal on deficit reduction. the president and congressional leaders convened in the white house cabinet room, amid talk of a grand bargain involving social security, medicare and tax reform. when it was over, mr. obama made an unscheduled appearance in the briefing room. >> i thought it was a very constructive meeting. people were frank. we discussed the various options available to us. everybody re-confirmed the importance of completing our work and raising the debt limit ceiling so that the full faith and credit of the un
. even american banks have almost $300 billion. is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte. but the decree for a large austerity plan was already passed. and it was because of this fight that the markets feared that maybe this decree was not going to be approved by parliament. today the situation has been clarified. by friday this package will be passed and, you know, italy is going to go on by adopting this plan and by 2014 it will have a balanced budget which is going to be quite an enviable situation if all of this will go according to plan. >> suarez: professor rogoff, the news of the austerity plan seemed to have calmed really jittery mar
of either of our two parties right now. and i think that is the big challenge right now. how do we basically develop a political platform and a mandate to do those four things. >> i would add a couple things. to what tom said which i basically agree with. but first there is a cultural element here. it's not just a problem in washington, it's a pblem in the culture. a nation where people have distrust of authority, don't trust government, unwilling to accept sacrice, feel very threatened, want pore government than they are willing to pay for, and so there has to be a gigantic education campaign to go under that. and then the second thing i would add, and tom talked about a hybrid politics, i uld say we'vead it. and we just have to rediscover it. and i go back perpeally to my hero alex aner hamilton who created this hrid politics it was not -- he got us out of the big government versus small government debat he stood for lited b energetic government to enhance social mobility. so people in the hamiltonian practise decision which include the wig party and the lincoln an republican party at the
, the sharpest >>> issue one, too big to fail? >> i urge democrats and republicans in the senate to find common ground on a plan they can get support that can get support from both parties in the houses, a plan that i can sign by tuesday. >> okay, the economic stats n the second quarter of this year, april, may, june, the u.s. economy grew at a rate of that's 4/10 every 1% growth. question, are these statistics a bigger worry than the debt ceiling prevailing argument? pat buchanan? >> they're equally big worries, john. despite the fact the president had an $800 billion stimulus fed is triple the money supply, three deficits of almost $5 trillion, the economy is dead in the water this. that argues for a stimulus of a reaganite stimulus or obama stimulus, but there's who more tools in the toolbox here. on the other side you have the debt deficit problem, which $10 trillion in deficits, which argues for austerity. spending cuts, taxations, so you've got two in total conflict. the president inherited aaron economy, john, that i think the only way this thing will go forward is through the old stagfl
planet. >> you hear about alternatives, right? wind, solar, algae. >> i think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: much talk, but little movement: the high-stakes debt and deficit impasse continued today, and last night's dueling primetime speeches by president obama and speaker boehner only seemed to reinforce the bitter stalemate over raising the country's borrowing limit. newshour congressional correspondent kwame holman begins our coverage. >> reporter: it was house speaker john boehner who had the last word
alternatives, right? wind, solar, algae. >> i think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: twin bombings shattered the calm in a city north of baghdad today. more than three dozen iraqis were killed, with 50 or more wounded. it was the latest sign of rising violence as u.s. troops prepare to withdraw. the charred remains of a car bomb littered a street in the city of taji this afternoon. it blew up in the parking lot of a local government building, damaging nearby businesses and killing dozens of people. as ambulanc
decimates the economy, then obama would be a big loser. >> rose: also this evening a conversation with paul krugman and david brooks th columnists at the "new york times". this conversation took pla before the president's press conference and therefore was edited accordingly. >> whave no consensus in our political system. there is no center. we have no consensus about what all to be happening. so if you try to strike a lo-term deal you're basically stking a deal that nobody actually beeves and that isot going to be adhered to. i think we buy we buy se time. shouldn't be negotiating at all about the debt ceiling but we buy someime and give the voters another chance to weigh in. >> we really need to cut i think some of the rating agencies have said this, we need to cut $4 trillion to sort of stabilize debt levels and if we don't do that that's really bad news. and then the second thing i do think both parties may find it useful to have a framework. no, we're to the going to write a plan that is going to dictate the next ten years of politics but both parties may find it extremely useful to ha
as the big three, and command a 93% share of the market. they look at the books of businesses and countries and judge how able they are to pay back financial observations. in a complex internet -- international economy, this information is vital to investors. when the bretton woods system of monetary management fell apart in the 1970's, the role of ratings agencies became even more important. the u.s. government gave them the task of assuring financial reliability. the european union has also require banks to increase capital in line with risk exposure. that risk is measured by the ratings agencies. >> the influence of ratings agencies lies on the one hand in the way their evaluation system has been incorporated into legislation. on the other hand, many business contracts are tied to the marks of the ratings agencies. that means certain private investors will only invest if there is a certain rating. >> one such example is the insurance giant allianz, which relies on ratings agencies to invest huge amounts of capital. but that system historically failed on a massive scale and when the agenc
. and this going on in washington is a big part of the reason why. before i served in congress i ran a small business in ohio. i was amazed at how different washington d.c. operated than every other business in america. where most american businesses make the hard choices to pay their bills, live within their means. in washington, more spending and more debt is business as usual. well, i've got news for washington, those days are over. president obama came to congress in january and requested businesses as usual. he had ner routine increase in the national debt, but we in the house said not so fast. here was a president asking for the largest debt increase in american history on the heels of the largest spending binge in american history. and here's what we got for that massive spending binge. a new health-care bill that most americans never asked for. a stimulus bill that's more effective in producing material for late night comedians than it was in producing jobs. and a national debt that has gotten so out of hand it sparked a crisis without precedent in my lifetime or yours. the united st
. >> afghanistan off page one. iraq is on page one? >> in the ends of july, this is going to be up this big on page one finish they're in the deal. he's got to -- [everyone talking at once] >> unemployment rate on page one! >> if the unemployment rate comes out high, it will be the lead story in the newspaper, hn. >> it will dominate the story that we just had? >> it will dominate if for a couple days. >> there will be a deal. >> there will be a deal? >> and there will be a deal and neither side will be happy. each side will give the other side something. they're -- >> not the taxes. that won't be part of the deal. taxes will not be part of the deal. >> what do you 90. >> tax revenues -- [everyone talking at once] >> they'll find something, i think, to agree on finally. i don't know whether it will be on august 2 or august 5th. but unemployment rate is not off the front pages. unemployment is -- on the number-one issue in 20% of american names. you have the biggest unemployment we've had since the great despres in real terms that. is what will kill obama's prospects if he doesn't do something about
of reasons for this we can discuss-- is as high as it's been. >> rose: so that's really one of the big questions. >> in europe it's the same thing. >> rose: u.s. leadership. >> yeah. >> rose: what is it you thi they expect from the united states in 2011 and twelve after all that's taken place? the economic collapse that we had. the wars we were engaged in and two that we are still engaged in in different levels. what does the world want from america? >> well, leadersh, i think, is the short answer to the question. but we can start with asia and go to europe and go to the middle east. in asia, they want the ited states to be present. they wanthe united states that ey can count on to meet its obligations anpromises t ales and partners, and we have been doing that. you know, this is a mistake... not mistake. it's not a coincidence that secretary clinton took her first trip as secretary of state to asia. >> rose: and she's back in india as we speak. since dean rusk in 1961. and we have really engaged... they want u.s. presence. i think the asians want to see the unitedtates engaged and, by
for republicans. >> well, i think the big stumbling block right now is the president's insistence on raising taxes. and i think we need to go back two years ago in 2009 when president obama was asked in indiana do you raise tacks during a recession. and he very eloquently i think answered the question. and he said no, don't do that. and he laid out the economic reasons for not doing that. now look, this economy is begging for mercy. we're at 9.2% unemployment. an i think it's time to move off of this notion that somehow the remedy is to increase taxes on job creators. let's focus in on these cuts. let's make thoughtful and wise cuts and let's come together on this in a fashion that makes sense all the way around. >> ifill: listening to both sides of this debate it seems one man's taxes are another man's revenue increases and it's a question of whether you are talking about raising net taxes or not -- or increasing revenues at all. you could imagine that the average viewer trying to make sense of this doesn't know which definition you are talking about. >>here's the definition i think that should b
of politics involved here in terms of as you said, they made it a big case from the start and said they had the case. >> yeah, they said they had the case. and we did hear from cyrus mance today. also ken thompson the lawyer for the accuser, for the made, he criticized the manhattan district attorney, said that they perhaps were fearing they mr. going to lose the case. they were setting up for a dismissal. they were very critical. he even referenced manhattan district attorney's recent cases that had failed. so this is a very interesting dynamic. and this could be a major blow for cyrus mance, the manhattan district attorney. today we did not see that strong, confident prosecution we saw in the last two courtrooms. >> brown: laurie levenson, pick up on that last part. the split that we saw when the attorney for the accuser came out was very strongly going after the prosecutor for dropping the ball, for not picking up, and really telling him, do not let go of this. how unusual is something like that? >> well, you know, this is a big advocate for the victim. and a lot of victims don't have su
to create the next big thing? but make sure that production is here. >> brown: it was the third such social media event for the president this year. in april, he took part in a town hall hosted by facebook, and in january, he answered video questions submittedia youtube. for the president and other politicians and leaders, twitter especially has become an increasingly essential communications tool. republican mitt romney used the service in early june to announce to his followers he was running for president. and then, to keep them in the loop about campaign events. and with more than half a million followers, former vice presidential candidate sarah palin is a frequent user, sometimes posting multiple times a day. but there are also cautionary tales including, most recently, congressman anthony weiner, whose tweeted sexual messages and photos opened him to ridicule and ended in his resignation. >> now, our next question comes from someone you may know-- this is speaker boehner. >> oh, there you go. ( laughter ) >> brown: as for today's town hall, some of the president's political opponents
of the wounds were really, really, really big. some of them had, you know, they had been running for their lives. they had their bones broken. some of them, you know, they were full of blood and dirt. >> reporter: this was the youth camp last year. norway's prime minister visiting. he was due at the camp tomorrow to give a speech. this was the youth camp just yesterday. these young people, the targets of an attack that has come out of the blue on a sunny summer's day, a day of horror, so far unexplained. >> woodruff: president obama extended his condolences to norwegians today, and offered american assistance with the investigation. for more on all this, we're joined by ahnders tvegard of norwegian public broadcasting. we thank you both. and i'm going to go to you first, in oslo. what is the latest that's known on the casualties, dead and injured? >> yeah, what they are telling about what happened out on the island, they have so far said that there are ten casualties at the island but they are not ruling out that there can be some more people that are being killed out there. they are even found
-- there are loopholes they need to close. but charles' point is white. these are tiny, tiny little drops in a big ocean. there inot enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400 b
-- >> what are you suggesting? >> exactly what you think. >> paul tsongas had cancer. there was a big difference between cancer and migraines. if we are going to hold up a standard that if you have a headache that knocks you out for an hour or two, you cannot be president, fdr and kennedy, who had addison's disease, and eisenhower, who had a bad heart would never have been president of the united states. i am not sure that is the position any of us would want to take. i think her answer was good, i think based on the evidence -- is their behavioral evidence of this woman not being able -- >> just be a cautionary. >> well, cautionary is fine -- >> i don't know the capitol hill physicians but i don't think it is fair to imply that somehow this is a less qualified individual. >> i'm not saying that. >> what about rick perry? >> rick . looks more and more like he is going to come into the race. -- rick perry looks more and more like he is going to come into the race. mike huckabee, a conservative finalist in 2008 against john mccain, has taken a shot at him, saying he will be the champion
made similar decisions. i mean, the big difference between them... >>. >> rose: she was more hard line than he was and it'said she is even today in the councils of government. that she was more allied with bob gates than she was... >> yeah, that was the big difference during the campaign between them and that was what got oba doing soell in iowa was his rly opposition. >> rose: she supported the war even though it was just based on a speech that he'd written. so the last question is what's it going to take so that this is no longer true? >> think that it's going to be with us, charlie, for a very, very long time. and the reason i say that is that as the years go by it isn't that apresident has to think about vietnam, because vietnam has now insinuated itself int the d.n.a. of every presidt. now you think of code words. you think out having a clear exit strategy. >> rose: right. >> of giving clear instructions to the military. what are you really saying? you're really saying "i don't want another vietnam," but you don't articulate the word. you live the thought, the very essence of it.
think is sensible to call together bipartisan group d 's talk big a joint committee with the power of committee, the staffing of the committee and really come up with specific recommdations on dealing with this deficit in the longer term and consider everythi. literally everything. spending, entitlements, revenue, put it all together and try to come up with something that might be done on a bipartisan basis. you know we've come close to bull simpson even with the gang of six and perhaps this approach will be what's needed. >> for the benefit of the audience because you're familiar with it, lay out the specifics of the mcconnell plan. >> well, here's how it would work. firms the congress would give the authority to the president of the united states to request and to execute debt ceiling extension. then it would under another process that we he, another law, give the authority to congress to disapprove that action. so there would be a resolution of disapproval considered first in theouse then in the senate. if the resolution disapproval would pass, the majority vote would be taken
for the red cross we've seen with the programs $10 makes a big difference in pakistan and haiti. and i think it's bringing more attention to these topics that we would not normally. >> cokie raises an interesting point the way ads work is more and more you look at people who look just like us and look st as ugly and as bad as we do. and somehow we are supposed to identify with these people. but the fact is that there is a celebrity fever in this country. and maybe there always has been so the whole notion that i am doing the same thing as somebody famous appeals to people. never has aealed to me. but if it gets people --. >> because are you for the underdog. >> true. >> i think it's fantastic because it raises awareness on these issues. very few of us i have been privileged to travel around the world and go to ethiopia and address the issues but few of us get a chance to do that and everyone can participate and it brings awareness and knowledge. >> it is a great way to end the program is to have everyone participate with awareness and knowledge and that's it for this edition of "to the contr
speaking, it's a big blow for the karzai administration. you know, it'sçç confidant, relatives, high-level aides going back into april some of them are being killed. but more than who is doing it or who it's happening to, i would put it altogether by saying it's a real danger for the stability of the government and it makes it seem as if as the americans and nato begin to pull out, it's really not clear who is in control. it's really not clear where these chips are going to fall. >> you wrote aboutç that ioç oe of the recent pieces for the post that the tenor of kabul is changing. people seem to be preparing for that day when the last u.s. troops are out of there and trying to figure out where the power is going to be. >> exactly. people are very nervous and scared. the last time a super power was involved in afghanistan and suddenly left, which was of course the soviet union in 1989, it wasn't long after that that civil wary rupted which was incredibly vicious and destructive and destroyed much of the capital. nobody thinks that's going to happen now but they're worriedç that s
Search Results 0 to 34 of about 35 (some duplicates have been removed)